








A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Rental property for sale in New Palestine at Harmony Plan, Fields at Sugar Creek, New Palestine, IN, 46163 generates $2,232/mo in rent and, after a $1,767/mo payment, leaves $65/mo in cash flow. Total monthly income is $2,232/mo, and annual cash flow is $779/yr on $119,672 invested. Return on cash invested sits at 20.56% in year one, and rental yield is 7.42% on a $361,000 entry. Equity gained on principal adds $2,329/yr, while 5% annual appreciation builds toward $99,738 over five years. Five-year ROI reaches 106.08% and total cumulative return in cash sums $126,947. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,232/mo property income rather than buyer’s personal income.
Single Family
Built in 2025
N/A lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 46163, New Palestine, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,670 (100%) |
| Owner Occupied HU | 4,772 (84.2%) |
| Renter Occupied HU | 714 (12.6%) |
| Vacant Housing Units | 184 ( 3.2%) |
| Median Home Value | $330,678 |
| Average Home Value | $356,738 |
Residential
5,690
Single Family
5,689
Multi-Family
1
Businesses
283
Date | Event | Price |
|---|---|---|
| 2025-03-01 | Price change | $361,000 |
| 2024-10-28 | Price change | $335,000 |
| 2024-10-05 | Price change | $319,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||



Listed by: Wendi Smith • D.R. Horton
Mls Name: DR Horton
Mls Provider:
Mls ID: #N/A